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Major Drilling Group International (OTCPK:MJDLF) Liabilities-to-Assets Explanation
Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.
Major Drilling Group International Liabilities-to-Assets Related Terms
Major Drilling Group International Liabilities-to-Assets Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Major Drilling Group International Liabilities-to-Assets Chart
Major Drilling Group International Liabilities-to-Assets Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Major Drilling Group International's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Major Drilling Group International Liabilities-to-Assets vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Major Drilling Group International's Liabilities-to-Assets falls into.
Major Drilling Group International Liabilities-to-Assets Calculation
Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Major Drilling Group International (MJDLF) has a Liabilities-to-Assets of 0.27 as of Apr. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Major Drilling Group International and its competitors.
Is Major Drilling Group International's Liabilities-to-Assets too high?
Major Drilling Group International's current Liabilities-to-Assets is 0.27. Overall, Major Drilling Group International has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Drilling Group International's Liabilities-to-Assets compare to competitors?
Major Drilling Group International's Liabilities-to-Assets of 0.27 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Metals & Mining company?
A good Liabilities-to-Assets depends on the Metals & Mining industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Major Drilling Group International and its competitors. Major Drilling Group International's current Liabilities-to-Assets is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Drilling Group International stock overvalued right now?
Based on GuruFocus' analysis, Major Drilling Group International (MJDLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.29, compared to a current price of $12.39 — trading 49.5% above its estimated fair value. The current Liabilities-to-Assets is 0.27. Major Drilling Group International's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Major Drilling Group International (MJDLF), the current Liabilities-to-Assets is 0.27 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Major Drilling Group International (MJDLF) Overvalued in 2026?
Based on GuruFocus' analysis, Major Drilling Group International stock appears to be overvalued.
The current stock price of $12.39 is trading 49.5% above its estimated GF Value™ of $8.29.
GuruFocus considers Major Drilling Group International to be Significantly Overvalued.
Key valuation signals for MJDLF:
Liabilities-to-Assets: 0.27
GF Value™: $8.29 vs. price of $12.39 (49.5% above fair value)
No single metric tells the full story. See the MJDLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Major Drilling Group International Inc consists of contract drilling for companies mainly involved in mining and mineral exploration. The Company has operations in North America, South America, Australia, Asia, and Africa. Its services are Surface Drilling Services, and Underground Drilling Services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which majority of its revenue comes from South and Central America.
83GF Score
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